Kratikal Tech IPO
Market Sentiment
IPO Details
IPO Reservation
Market Lot Size
Return Estimator (GMP*)
Financial Analysis
| Metric | 2023 | 2024 | 2025 | Dec 2025 |
|---|---|---|---|---|
| Revenue | 184.81 | 206.45 | 322.58 | 236.50 |
| Expense | 154.97 | 175.85 | 261.43 | 186.96 |
| Profit (PAT) | 32.10 | 34.44 | 28.13 | 38.69 |
| Total Assets | 251.58 | 339.25 | 455.49 | 561.34 |
| Company | P/E | EPS |
|---|---|---|
| Powerica Limited | 24.45 | 15.26 |
| Cummins India Limited | 64.13 | 72.15 |
| Kirloskar Oil Engines Limited | 43.24 | 33.71 |
| NTPC Green Energy Limited | 129.40 | 0.67 |
| Acme Solar Holdings Limited | 50.74 | 4.55 |
| Adani Green Energy Limited | 101.53 | 8.37 |
Promoters: Mr. Pavan Kumar, Mr. Paratosh Kumar and Mr. Dip Jung Thapa
| Shareholding | No. of Shares | Holding % |
|---|---|---|
| Promoter Holding Pre Issue | 81,60,545 | 72.58% |
| Promoter Holding Post Issue | 1,11,00,545 | 53.36% |
Strengths & Risks
- Revenue grew 56% in the latest reported year.
- Solid profit margin — 8.7%.
- Strong return on equity — 47%.
- Grey-market premium is flat or negative — a weak listing-pop signal.
Auto-generated from live GMP, subscription, valuation and financial data. Informational only — not investment advice. Always read the RHP before applying.
Company Information
Kratikal Tech is one of the growing cybersecurity solutions companies that offers AI-driven, SaaS-based security solutions and integrated cybersecurity services. Kratikal Tech focuses on reducing cybersecurity risk by incorporating its proprietary cybersecurity platforms and service-driven solutions across people, process, and technology. The firm helps businesses with its two segments: 1) People Security Management, which includes protecting businesses from cyber risks caused by human error, such as phishing, social engineering, and credential theft. 2) Technology and Process Security Services, which include protecting the organization’s IT systems and security processes with Vulnerability Assessment and Penetration Testing (VAPT), Governance, Risk and Compliance (GRC), and AI-driven Vulnerability Management. Its product range caters to a wide range of clients across BFSI, fintech, telecom, IT/ITES, healthcare, and manufacturing sectors, both domestic and international markets.
| Purpose | Amount (Cr) |
|---|---|
| Investment in Threatcop FZ LLC, UAE and Threatcop AI Inc, USA (our subsidiaries) for expenditure towards sales & marketing activities and development of workforce resources. | 23.08 |
| Investment in product development | 9.23 |
| General Corporate Purpose | - |
Resources & Documents
Kratikal Tech Ltd., 5th Floor A-5 Sector 68,, Grovy Optiva,, Gautam Buddha Nagar,, Noida, Uttar Pradesh, 201301
Kratikal Tech has set a price band of Rs 128–Rs 135 per share for an issue size of Rs 40 crore. The SME issue is scheduled to open for subscription on June 30, 2026 — 7 days from now.
Kratikal Tech is one of the growing cybersecurity solutions companies that offers AI-driven, SaaS-based security solutions and integrated cybersecurity services. Kratikal Tech focuses on reducing cybersecurity risk by incorporating its proprietary cybersecurity platforms and service-driven solutions across people, process, and technology.
The issue is promoted by Mr. Pavan Kumar, Mr. Paratosh Kumar and Mr. Dip Jung Thapa with Beeline Capital Advisors Pvt. Ltd. acting as lead manager. Net proceeds will primarily be used towards Investment in Threatcop FZ LLC, UAE and Threatcop AI Inc, USA (our subsidiaries) for expenditure towards sales & marketi… (Rs 23 crore) and Investment in product development (Rs 9 crore).
Current grey market activity shows a flat premium, indicating muted unofficial demand.
On fundamentals, the company is posting revenue growth of 56.3%, a profit margin of 8.7%, return on equity of 46.8% in its most recent reported period. Listed peers in this segment include Powerica Limited (P/E 24.45x) and Cummins India Limited (P/E 64.13x) — useful reference points when evaluating the issue's pricing relative to where the broader sector are trading.
Our data-driven engine currently flags this issue as a Neutral stance — the data is mixed and the risk-reward is balanced rather than one-sided. All figures below — GMP history, subscription tiers, financials and peers — are aggregated from public disclosures. Always apply through your own broker after reading the RHP.
Understanding Grey Market Premium (GMP)
The Grey Market Premium (GMP) is an unofficial indicator of how an IPO's shares are trading in the grey market before they are officially listed on a stock exchange. It reflects investor sentiment and demand for the IPO shares ahead of listing day.
How does it work? The grey market is an informal, over-the-counter market where investors buy and sell IPO shares before the official listing date. If an IPO has a positive GMP, it suggests that investors expect the stock to list above its issue price. A negative GMP indicates expectations of a listing below the issue price.
Example: If an IPO has an issue price of ₹100 and the GMP is ₹50, the expected listing price would be approximately ₹150 (issue price + GMP). This translates to an estimated listing gain of 50%.
Factors that influence GMP:
- Subscription levels — Higher subscription typically drives GMP up
- Market conditions — Bullish markets tend to boost GMP across all IPOs
- Company fundamentals — Strong financials and growth potential attract premium
- Industry sentiment — Positive outlook for the sector can increase demand
- IPO pricing — Reasonably priced IPOs relative to peers tend to command higher GMP
Disclaimer: GMP is an unofficial metric from the grey market and is not regulated by SEBI or any stock exchange. GMP values fluctuate frequently and should not be the sole basis for investment decisions. Always consider company fundamentals, financial health, and your own risk appetite before investing in any IPO.
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